- Cummins Inc. (NYSE:CMI) will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies.
- Cummins collaborates with multiple ADS technology companies to refine the solutions for commercial markets.
- Cummins is actively testing more than 100 vehicles in coordination with ADS technology companies to ensure powertrain integration as ADS solutions enter commercial vehicle markets globally.
- Price Action: CMI shares traded higher by 0.28% at $236.67 on the last check Monday.
Alibaba, Nio, XPeng Slide Over 1% As US Rate-Hike Fears Overpower China’s Slashing Of Benchmark Lending Rates
Hong Kong shares opened lower on Monday, in tune with other Asian markets, as fears of a rate hike by the U.S. Federal Reserve gathered momentum ahead of the Jackson Hole summit later this week. The Hang Seng index lost 0.8% in opening trade even as China slashed its benchmark lending rates to boost a sluggish economy.
